Bipartisan Infrastructure Bank Plan Stalls in Congress

Bipartisan Infrastructure Bank Plan Stalls in Congress

U.S. Transportation Secretary Ray LaHood strongly advocated for the establishment of a National Infrastructure Bank to address the estimated $1.5 trillion infrastructure gap. However, the plan faced strong opposition in the Republican-controlled House of Representatives, with House Transportation Committee Chairman Mica declaring it “dead on arrival.” Despite support from the Senate and some industry organizations, bipartisan divisions over its necessity and feasibility cast uncertainty on the future of the infrastructure bank. Its fate remains unclear due to these political disagreements.

01/30/2026 Logistics Industry Insights
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Partisan Deadlock Halts US Infrastructure Bank Funding

Partisan Deadlock Halts US Infrastructure Bank Funding

This article delves into the controversy surrounding the US Infrastructure Bank, revealing deep partisan divisions on transportation investment philosophies. Republicans emphasize efficiency and market mechanisms, favoring utilizing existing systems. Democrats lean towards government leadership, believing the Infrastructure Bank can fund crucial projects. This debate is far from over. Bridging the gap and finding a path that balances the interests of all parties is a challenge for policymakers. The core disagreement lies in the extent of government intervention versus market-based solutions in addressing infrastructure needs.

01/30/2026 Logistics Industry Insights
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Southern Africa Boosts Customs Skills Via WCOJICA Partnership

Southern Africa Boosts Customs Skills Via WCOJICA Partnership

A WCO/JICA-supported customs valuation training program for Southern Africa took place in Botswana. The initiative aimed to enhance the customs valuation capabilities of five countries in the region. By improving valuation practices, the project contributes to regional economic development and facilitates smoother trade flows within Southern Africa. The training program focused on equipping customs officials with the necessary skills and knowledge to accurately assess the value of imported goods, ensuring fair and efficient revenue collection and promoting a level playing field for businesses.

02/12/2026 Customs Knowledge
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Guide to IATA Bank Account Authorization and Certification

Guide to IATA Bank Account Authorization and Certification

This article details the key requirements for signing the bank authorization letter and bank certification during the IATA agent bank account information submission process. It emphasizes the importance of the authorized signatory and provides a download link for the bank authorization letter. The aim is to help agents ensure accurate and compliant information, thereby avoiding potential operational risks. The article guides agents through the process, highlighting crucial aspects of bank authorization and certification for successful IATA accreditation and ongoing compliance.

02/03/2026 International Settlement
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